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The risks and benefits of VCs for crypto communities – Cointelegraph Magazine

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Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation.  But in cryptoland, tokens introduce market capitalization while a company is being built. This means there are a lot of competing interests and agendas. Token sales for
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Analyst Who Called Bitcoin Collapse Issues XRP Warning, Reveals Target for One More Altcoin

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The analyst who correctly predicted Bitcoin (BTC) would crash below $30,000 is warning that XRP could drop to its lowest level since 2020. Pseudonymous analyst Capo tells his 433,200 Twitter followers that from $0.34, XRP could plunge between $0.16 to $0.14. “XRP $0.14-$0.16″ Source: CryptoCapo_/Twitter He also gives his forecast for Binance Coin (BNB), the
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Mining giant is forced to sell-out 79% of BTC to pay debt

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One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the bear market. The company sold 7,202 Bitcoins for around $23,000 each, gaining nearly $167 million. According to the monthly company announcement, Core Scientific used the cash to pay for ASIC servers and scheduled debt. As
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Crypto mining profitability varies wildly based on location

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Cryptocurrency miners are considered one of the main drivers of the crypto industry but the latest market downturn has put the profitability of the once-lucrative business into question. Falling crypto prices and rising electricity costs around the world mean miners operate on very tight margins and some might not even be profitable at all, according to
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The inside story – Cointelegraph Magazine

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As crypto winter sets in once more, industry players in Australia, one of the world’s most crypto-friendly nations, watch closely for a shift in the regulatory climate. Anthony Albanese, the new Australian Labor Party prime minister, has made regulating crypto a top priority. However, neither he nor his cabinet has given a clear indication of
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